FBR Requires Banks and EMIs to Upload Rs100 Million Transactions to Central Data Hub
FBR has directed banks and Electronic Money Institutions to electronically upload information on deposits or withdrawals exceeding Rs100 million to the Central Data Hub for automated tax and banking data cross-matching.
FBR IRIS System Glitches Disrupt Sales Tax Return Filing, PCDMA Seeks Urgent Resolution
Pakistan Chemicals & Dyes Merchants Association warns that technical issues in FBR’s IRIS system are delaying Sales Tax Returns and creating compliance risks for registered taxpayers.
FBR Launches Simplified Tax Scheme For Small Shopkeepers With 1% Turnover Tax
FBR promotes a simplified tax scheme for small shopkeepers featuring digital registration, flexible payment options and a 1% turnover tax for registered retailers.
FBR Demonstrates New Property And Business Capital Features In Tax Return System
FBR demonstrated income tax return system features to Karachi Tax Bar, including property investments, business capital entries, inherited property and tax declarations.
Federal Tax Ombudsman Urges FBR To Launch Faceless Income Tax Refund System
The Federal Tax Ombudsman has recommended that FBR introduce a faceless income tax refund system allowing verified refunds to be transferred directly into taxpayers’ bank accounts through automated processing.
Finance Minister Reviews FBR National Faceless Centre Operational Readiness
Federal Minister Muhammad Aurangzeb reviews the implementation roadmap, governance framework, and technology development for the FBR National Faceless Centre.
Pakistan Budget 2026 27 Finance Minister Muhammad Aurangzeb Unveils Export Led Growth Strategy
Pakistan Finance Minister Muhammad Aurangzeb announces massive relief for exporters, small farmers, and the salaried class alongside AI tax reforms in the FY 2026-27 post-budget briefing.
Asian Development Bank Supports $1 Billion Financing Package Tied to Fiscal and Digital Tax Reforms
The Asian Development Bank enables Pakistan to secure one billion dollars in commercial financing through a policy based guarantee framework tied to fiscal modernization.
OICCI Calls for Tax Net Expansion and Lower Corporate Rates Ahead of Pakistan Budget 2026-27
OICCI proposes tax reforms including lower corporate tax, removal of super tax, and digitization to support investment and compliance in Pakistan’s FY27 budget.
Punjab Revenue Authority Portal Update Resolves Input Tax Adjustment Limitation for Taxpayers
The Punjab Revenue Authority web portal now allows for a full 18 percent input tax adjustment on goods, aligning the digital system with the Punjab Finance Act 2025.